Business
Samsung led top 10 best selling 5G Android smartphone market in 1Q22 globally
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According to a recent report by Counterpoint Research, Samsung leads the list of top 10 5G Android smartphones for February 2022 with five spots. The brand’s Galaxy A52s 5G was the best-selling 5G Android smartphone globally, followed by the Galaxy S22 Ultra 5G, Galaxy S21 FE 5G, and Galaxy A32 5G.
Samsung Led Top 10 5G Android Best-selling Smartphones
As per the report, Samsung led the overall 5G Android segment in February 2022, accounting for around 24% of global 5G Android smartphone sales. Apart from Samsung, HONOR grabbed two spots, followed by Vivo, Oppo, and Xiaomi with one each. The Chinese market has increased the sales of these smartphones.
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The overall Android smartphone market captured 67% of global 5G sales in February 2022, with the top 10 5G Android best-selling smartphones contributing 20% to 5G Android smartphone sales during the month.
Samsung’s Galaxy A52s 5G has remained the best-selling smartphone since January 2022. This device was consistently featured in the list of top 10 best-selling 5G Android smartphones for the last six months.
The Galaxy S22 Ultra topped the list of best sellers in second place during the month of February launch. With sales of two-thirds of the Galaxy S22 series coming out of the Galaxy S22 Ultra, it was the best-selling smartphone in the February 2022 series. Samsung’s home markets South Korea and the US were key markets driving its sales.
Where Galaxy S21 FE climbed to the third spot in February 2022. At the start of this year, the smartphone was ranked tenth. And the US and Germany were the top markets for this model.
Going forward, Samsung also released the affordable Galaxy A series smartphone. And the Galaxy A32 5G and Galaxy A22 5G took the fourth and tenth positions respectively. The Galaxy A22 5G topped the Indian and UK smartphone market. Likewise, the Galaxy A32 5G sales were driven by the US and UK markets.
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Business
Samsung holds onto top spot but Apple, Xiaomi getting closer
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Samsung remained the king in the Q2 2024 market, but Apple and Xiaomi are getting closer. IDC market research data shows that Samsung led the worldwide smartphone market in the second quarter of the year and Chinese brands scored rapid growth.
According to IDC, Samsung sold 53.9 million devices in the second quarter. The company occupied an 18.9% market share internationally. The company has slightly improved its sales share up from 53.5 million units in the same period last year.
The data suggests that Apple ranked second in terms of global volume sales. The iPhone maker shipped 45.2 million devices in Q2, 2024. It captured a market share of 15.8%, a modest increase from 44.5 million shipments in the second quarter of last year.
Third comes Xiaomi. The Chinese brand saw massive growth in sales year over year. It had sold 42.3 million smartphones in the second quarter alone. It’s a big jump from 33.2 million units shipped in Q2 2023, becoming a potential threat to Apple and Samsung.
Apart from this, Vivo also recorded significant growth in the global market. The company’s year-over-year growth in Q2 was 21.9%, with sales listing 25.9 million units with a market share of 9.1%. The growth percentage shows that aggressive marketing and boasting competitive specs into devices is paying off.
Samsung, Apple’s game isn’t over…
Last week, Samsung launched its new foldable phones, releasing on July 24, 2024. Apple, on the other hand, is expected to launch new flagship iPhones in September. It means, Samsung will enjoy the third quarter as well. The fourth quarter might be of Apple as iPhone sales would sharply grow in the global market given the new lineup release.
Samsung is now preparing to unveil new FE products later this year, followed by the S25 series in early next year. Chinese brands are expected to debut their latest flagships in the last quarter of this year, while Google Pixel phones are also coming in August.
Business
Samsung expects massive profit boom in Q2 given AI rise
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Samsung today announced provisional sales and profit results for the second quarter. Samsung formally announced the provisional/predicted sales and operating profit, suggesting a massive profit boom in Q2, 2024 given the AI memory semiconductor rise.
In Q2, 2024, Samsung sales provisionally increased by 2.89% and operating profit by 57.34% compared to the previous quarter thanks to AI boom. Besides, the sales climbed by 23.31% and operating profit by 1,452.24% compared to the same period last year.
The company expects sales of 74 trillion won and operating profit of 10.4 trillion won on a consolidated basis. While these results are not final, there won’t be much change in the final result when it comes out. Samsung had a pretty profitable period in the second quarter.
Samsung in Q2
- Consolidated Sales: Approximately 74 trillion Korean won
- Consolidated Operating Profit: Approximately 10.4 trillion Korean won
The Korean tech giant is currently facing yield issues in its second-generation 3nm process. The flagship Exynos processor is unlikely to be commercialized this year. It would lead the Mobile business to face additional burdens due to rising prices of Snapdragon chipsets.
Meanwhile, Samsung is focussing on HBM (high bandwidth memory) semiconductors. HBM is a key player in artificial intelligence servers and data centers. The booming AI market will directly benefit Samsung’s semiconductor business.
Business
Samsung leads Q3 smartphone market, Huawei’s entry haunts Apple
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Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.
Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.
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Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.
Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.
// Source